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5 Ways to Build a Better Leadership Development Program | Webinar 06.09.15

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Leadership remains the top human capital concern. Poor leadership practices costs companies millions of dollars each year by negatively impacting employee retention, customer satisfaction and overall employee productivity.

In this webinar we'll provide four leadership development best practices that meet challenges faced by today's leaders and offer you tools for implementing leadership development initiatives in your organization.

What you'll learn:
- Importance of Leadership Development
Best Practices including:
- Strong executive involvement
- Use of tailored leadership competencies
- Alignment with the business strategy
- A “leaders at all levels” approach

www.bizlibrary.com

Published in: Business

5 Ways to Build a Better Leadership Development Program | Webinar 06.09.15

  1. 1. What are the primary of objectives of your leadership development program??
  2. 2. ? We have re-evaluated leadership competencies for our organization in the past 6 – 12 months.
  3. 3. What you should take-away: Poor leadership skills are costly to an organization. Organizations need to develop leaders faster, and build deeper bench strength. Employee focused leadership development strategies help meet the challenges faced by today’s leaders. 5 best practices that you can implement to improve your leadership development program.
  4. 4. 360 MILLION WORKERS WILL RETIRE FROM THE GLOBAL LABOR FORCE BY 2030
  5. 5. Up to 40 to 50% of imported executives fail within the first 18 months – internal development is key to success! SOURCE: McKinsey Global Institute
  6. 6. Knowledge transfer might be the single best reason to improve your leadership development program . . . now. 33% by 2016 Of the workforce will be over the age of 50. Up from 27% in 2007 SOURCE: U.S. Census Bureau 48% Of companies have no intention to do any strategic planning about how retirement affects their business! SOURCE: AARP Poll Experience, knowledge, and skills!
  7. 7. Employee Retention Customer Satisfaction Employee Productivity SOURCE: Making the Business Case for Leadership Development, The Ken Blanchard Companies, 2011. Poor leadership practices negatively impact…
  8. 8. Employee Retention As much as 32% of an organization’s voluntary turnover can be avoided through better leadership skills. SOURCE: Making the Business Case for Leadership Development, The Ken Blanchard Companies, 2011. Poor leadership practices negatively impact…
  9. 9. Customer Satisfaction Better leadership can generate 3-4% improvement in customer satisfaction scores…corresponding to 1.5% increase in revenue growth. SOURCE: Making the Business Case for Leadership Development, The Ken Blanchard Companies, 2011. Poor leadership practices negatively impact…
  10. 10. Employee Productivity Better leadership practices could eliminate 5-10% of productivity drag. SOURCE: Making the Business Case for Leadership Development, The Ken Blanchard Companies, 2011. Poor leadership practices negatively impact…
  11. 11. Key Challenges Faced By Our Leaders What do you need your leaders to do to be successful? Uncertainty Changing DemographicsNeed for Speed
  12. 12. Great Man Theories Leaders are born, not made Group Theories Leadership emerges in small group settings Trait Theories Universal leadership traits that can be taught and learned Behavioral Theories Behavior patterns that results in leadership success Leadership Models For Development
  13. 13. Contingency Theories Leadership behaviors in specific situations Excellence Theories Traits, behaviors, and situations allow people to lead Transactional / Transformational Theories Behaviors in specific situations Social / Connected Theories … Leadership Models For Development
  14. 14. VISION: Where are we going and why? STRATEGY: How will we get there? Leadership In Your Organization RESOURCES: What’s available and needed?
  15. 15. With each generation entering the workplace, a greater emphasis is placed on continual development as these new employees know that they are unlikely to stay more than a few years; …IT’S ABOUT WHAT THEY CAN DEVELOP AND ACQUIRE TO TAKE TO THE NEXT STOP IN THE CAREER JOURNEY. We know that effective leaders are one of the most important influences on levels of engagement. Source: Rebecca Ray, Employee Engagement in a VUCA World
  16. 16. Strong Executive Involvement Tailored Leadership Competencies Alignment with Business Strategy Target Multiple Levels of Leadership Learn By Doing and Application 5 Ways to Build a Better Leadership Development Program
  17. 17. Building Teams Own Personal Development Clearly Connect Performance and Bottom Line Results 1. Executive Involvement
  18. 18. Financial Results Key Employee Retention Business Impact Improve Organizational IQ
  19. 19. Focus on people development and growth Look to the future and strengths Maximize potential Challenge the status quo 2. Tailored Leadership Competencies
  20. 20. The most effective leaders are all alike in one crucial way: they all have a high degree of what has come to be known as emotional intelligence. It’s not that IQ and technical skills are irrelevant. They do matter, but…they are the entry- level requirements for executive positions… …emotional intelligence is the sine qua non of leadership. Without it, a person can have the best training in the world, an incisive, analytical mind, and an endless supply of smart ideas, but he still won’t make a great leader. Source: Daniel Goleman, What Makes a Leader, Harvard Business Review
  21. 21. INTERPERSONAL SKILLS ABILITY TO DEVELOP OTHERS INTELLIGENCEVISION CHARACTER PEOPLE DEVELOPMENT LEARNING AGILITY DIGITAL LITERACYCOLLABORATION GLOBAL CITIZENSHIP EMERGING COMPETENCIES
  22. 22. 3. Align with Business Strategy Identify successors for critical roles Enhancing effectiveness of current leaders Accelerate the development of high potentials Develop leadership bench strength Influence or change company culture Increase employee engagement and productivity
  23. 23. 4. Target Multiple Levels Supervisory and Team Lead High Potential Employees Managing New Managers And Newly Promoted Advanced Leadership Mid And Senior Level Managers Technical And Professional Executive Development Senior Directors And Vice Presidents
  24. 24. Developing Learning Plans at Different Levels Supervisory and Team Lead • Changing roles and communication • What is leadership • Working with peers • Delegation • Establishing credibility New Managers • The management / leadership mix • Working with peers • Developing others • Emotional intelligence Mid-Level Managers • Learning resources targeted to their role of managing other managers • Job rotation and stretch assignments for growth • Feedback and mentoring Technical and Professional Leaders • Leadership fundamentals, business acumen and communication skills • Learning at the time of need and on-demand Executives and Senior Leadership • Higher level leadership skills – motivation, strategy and innovation • Peer to peer collaboration • Highly focused development plans and executive coaching
  25. 25. 5. Learn By Doing Rotational Assignments Action Learning Task Force or Project Team Mentoring
  26. 26. Experience is a hard teacher. She gives the test first, the lessons afterwards. Source: Return on Impact: Leadership Strategies for the Age of Connected Relationships by David Nour
  27. 27. Strong Executive Involvement Tailored Leadership Competencies Alignment with Business Strategy Target Multiple Levels of Leadership Learn By Doing and Application 5 Ways to Build a Better Leadership Development Program
  28. 28. Excellence In Leadership Program When leaders understand the big picture, we are able to work together more efficiently and produce the best collection of products and systems for our customers. Kristen Nazario, HR Director, Bally Technologies
  29. 29. CORPORATE COMMITMENT GOAL ATTAINMENT LEADERSHIP VALUES BALLY PRODUCT CUSTOMER FOCUS INTELLECT OPERATIONAL ISSUES SELF-FOCUS GAMING 101 Excellence In Leadership Program
  30. 30. OF PARTICIPANTS GRADUATED FROM THE PROGRAM80% earned promotions within three months of graduating 30%Our Leadership Development Program has contributed to better collaboration and synergy among departments – we are a global company that develops, manufactures, and services numerous systems and products, when leaders understand the big picture, we are able to work together more efficiently and produce the best collection of products and systems for our customers. Kristen Nazario, HR Director, Bally Technologies Excellence In Leadership Program
  31. 31. KEY TAKE-AWAYS Poor leadership skills are costly to an organization. Organizations need to develop leaders faster, and build deeper bench strength. Strong executive involvement, tailored competencies, strategy alignment, targeting leaders at all levels and integrating application of learning and new skills are key strategies for better leadership development. BizLibrary provides leadership development resources targeted to key competencies and leaders across your organization.
  32. 32. Improving Productivity with Mentoring 8 Part Video Series • What is mentoring? • Why a mentoring program? • Creating a mentoring program • Matching protégés with mentors • Making a mentoring agreement • How to be a mentor • How to be a protégé • Mentoring meeting guidelines
  33. 33. Succession Planning for Your Organization Succession Planning Video Series • People Back-Up • 8 Critical Steps • The Transition Process • The Private Business
  34. 34. 1. Congratulations, You're a Supervisor! 2. How Good Do You Want to Be? 3. Personal Traits for Success 4. Establish Credibility to Lead 5. Going From Buddy to Boss 6. Your First Team Meeting 7. Research Your New Team 8. Get Team Feedback from Others 9. Interview Your Team 10.Observe Your Team in Action 11.Develop a Team Strategic Plan 12.Mistakes to Avoid Developing Your New Managers
  35. 35. Developing Emotional Intelligence Emotional Intelligence Video Series • What is Emotional Intelligence? • Developing Self-Awareness • Developing Self-Regulation • Developing Self-Motivation • Developing Empathy • Developing Effective Relationships • Emotional IQ and DISC
  36. 36. No Risk Experiential Learning Business Impact and Challenge Series • Course: Problem Solving: Process, Tools, and Techniques • Provide leaders with scenario- based learning that enables them to experience real world situations in safe, exploratory environments.
  37. 37. Improve employee performance with the largest and fastest-growing library of training videos. FREE 30-DAY TRIAL! no risk and no obligation
  38. 38. Visit align.bizlibrary.com to learn more. • 24 Breakout Session from Practitioners and Industry Leaders • 2 Inspiring Keynote Speakers • Client Awards and Recognition • Networking and Fun Events!
  39. 39. Jessica Petry Sr. Marketing Specialist jpetry@bizlibrary.com @JessLPetry @BizLibrary Chris Osborn Vice President of Marketing cosborn@bizlibrary.com @chrisosbornstl #BIZWEBINAR

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